2 publishers · first seen Thu, 29 Oct 2026 11:38 UTC · updated Thu, 29 Oct 2026 13:12 UTC
RedBird Capital Partners, founded by Gerry Cardinale, and Guy Oseary's Sound Ventures have formed a $1 billion partnership to invest in companies at the convergence of technology, media and culture. RedBird will contribute the expertise of its AI-focused RedBird X platform, led by Hamid Biglari, while Sound Ventures will leverage its founder relationships and marketing capabilities. The firms cited shared goals in supporting innovative companies and accelerating founder ambitions through combined resources and networks.
RedBird has invested in Skydance, Artists Equity and MARI, and manages over $82 billion in enterprise value across more than 50 companies. Sound Ventures, co-founded by Oseary and Effie Epstein, has backed Anthropic, OpenAI, Spotify and Uber, and oversees more than $2 billion in assets. Both firms emphasized their focus on long-term company building and strategic support for entrepreneurs.
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